Japan Iraq economic cooperation continues to grow stronger through large-scale infrastructure and investment partnerships. Japan’s Ambassador to Iraq, Akira Endo, confirmed over $21 billion in economic cooperation projects since 2003.
He made the announcement during a new agreement signing between the Iraq Development Fund and the Japan Cooperation Center for the Middle East (JCCME). The ambassador highlighted Japan’s long-term commitment to supporting Iraq’s investment climate.
He explained that Japan remains Iraq’s top donor in recent years. Japan has provided many yen-based loans to support critical sectors. These loans have helped develop electricity, water, sanitation, and oil infrastructure across the country.
Japan Iraq economic cooperation focuses not only on funding but also on knowledge sharing. Over the last ten years, JCCME has helped Japanese companies find opportunities in Iraq. It has done this by holding business seminars, organizing sector-based visits, and offering training for Iraqi officials in Japan.
This cooperation aims to strengthen business links and increase private sector involvement. The ambassador emphasized the importance of mutual growth through smart investments. He praised Iraq’s strategic priorities, noting their strong alignment with Japan’s strengths.
The Iraq Development Fund identified six key sectors: education, agriculture, housing, digital transformation, manufacturing and food security, and the environment. Japan Iraq economic cooperation targets these fields through technical support and infrastructure planning.
Ambassador Endo noted Japan’s deep expertise in these sectors. Japanese firms excel in sustainable housing, agricultural technology, and digital innovation. They are well-prepared to contribute to Iraq’s development vision.
Because Iraq needs strong global partnerships, Japan’s experience helps build lasting growth. The ambassador stressed that cooperation requires trust and shared goals. Japan aims to build both through long-term engagement.
In recent years, Japan has backed major projects in Iraq’s energy and public service sectors. These efforts aim to create jobs, improve public welfare, and support economic reforms.
Moreover, the new agreement between Iraq and JCCME opens fresh doors. It supports Iraq’s strategy to attract international firms. It also encourages Japanese businesses to view Iraq as a promising investment destination.
In conclusion, Japan Iraq economic cooperation stands as a model for smart international partnerships. With ongoing projects and deepening ties, both nations benefit from shared goals and stable development.